Dividend.com: Jabil Short-Circuited

We had removed shares of Potash from our "Recommended" list back on Aug. 5, when the stock was trading at $180.14. The company has a .54% dividend yield, based on last night's closing stock price of $74.22.

This has been one of our better calls since we have been rating dividend stocks. We caught a lot of flak from momentum investors, but the timing of going to the sidelines could not have been better. This stock's drop is another example of investors needing to adopt a sell strategy.

We are going to watch the name closely as there may be some short-term opportunities that develop over the course of time for the fertilizer sector in general. For now, we're going to see how the market handles the downward profit guidance.

Potash is not recommended at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

Weyerhaeuser Profit Warning and Dividend Cut Hammers Value Investors

Weyerhaeuser (WY Quote) announced it sees significantly lower than expected fourth quarter earnings and is also slashing its dividend payout to control costs.

Management of this paper and building products conglomerate cites the ongoing housing slump and a weak pulp market for its warning. The company is also cutting its quarterly dividend payout to 25 cents from 60 cents.

We have avoided shares of Weyerhaeuser since our early June coverage began, when the stock was trading at $58.23. The company will now have a dividend yield of 2.69%, based on the lowered payout and last night's closing stock price of $37.13.